[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vp / vr / w / wg / wsg / wsr / x / y ] [Home]
4chanarchives logo
They say to get rich you have to use other people's money.
Images are sometimes not shown due to bandwidth/network limitations. Refreshing the page usually helps.

You are currently reading a thread in /biz/ - Business & Finance

Thread replies: 21
Thread images: 2
File: WfLSzJM.jpg (20 KB, 398x298) Image search: [Google]
WfLSzJM.jpg
20 KB, 398x298
They say to get rich you have to use other people's money. Where do you start?
>>
Get a credit card and build credit
>>
On your knees.
>>
Borrow money to invest. That's what they really mean. And make sure your investments pay well over the interest rate you're paying.
>>
I have literally never heard this saying.
>>
>>1282174
* to get rich you must use other people.

i.e hire people on a fixed salary to do work that generates you profit.
>>
>>1282205

> interns

>>1282193

It goes by "in order to make money, you have to spend money" as well.

Both are suggesting credit. Now go get yourself into debt OP!

Make sure to put it into the stock market now! Don't buy the dip! Make sure to buy high & sell low!
>>
>>1282184
this senpai.
>>
>>1282184
Let's say I want to purchase a safe investment that pays 6% in dividends. How can get the back to loan me, let's say, 25k at 4% interest and spread the term of the loan out to keep payments low?
>>
>>1282179
*almost* the worst advice I've ever seen here
>>
>>1282174
Venture capital.
>>
>>1282538
Various ways, the easiest I know of is just to HELOC it out
>>
Easiest example is buying an investment home/condo/apt with a mortgage. (You're using someone else's is money, while your renters are making mortgage payments)
>>
>>1282538
How are you going to get a 4% unsecured loan?

And something that pays 6% div yield in the current interest rate environment is not going to be safe.
>>
>>1282574
>implying investors will buy into your 500 credit score
Save the advice giving for the grownups
>>
File: buyhighselllow.png (52 KB, 800x785) Image search: [Google]
buyhighselllow.png
52 KB, 800x785
>>1282491
Hashocean has a 3 month roi, 15kh/s sign up bonus and pays out every day, fuck that genesis shit m8
https://hashocean.com/?rid=438892
>>
>>1282867
SHILL https://forum.gethashing.com/t/scam-hashocean-cloud-mining/1605
>>
>>1283799
wait... you think we didn't read that one before?
>>
>>1283807
>>1282867
It isn't a good thing if the first thing you think of when you enter the site is that's It's a scam.
>>
>>1283856
well you know the saying
"if some investment claims to consistently beat the market be very suspicious"
>>
>>1282174
i took out a 6% apr loan for 35k to buy bitcoin. i have a 60k a year job. not sure if thats a valid answer.
Thread replies: 21
Thread images: 2

banner
banner
[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vp / vr / w / wg / wsg / wsr / x / y] [Home]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
If a post contains personal/copyrighted/illegal content you can contact me at [email protected] with that post and thread number and it will be removed as soon as possible.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com, send takedown notices to them.
This is a 4chan archive - all of the content originated from them. If you need IP information for a Poster - you need to contact them. This website shows only archived content.